TRIMAS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation paid to the Company’s Named Executive Officers at the 2026-05-20 meeting.
“Proposal 3 . Approval, on a non-binding advisory basis, of the compensation paid to the Company’s Named Executive Officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 23,049,659 5,199,440 43,056 1,779,553”
Shareholder Votes
TRIMAS CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-20 meeting.
“Proposal 2 . Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: FOR AGAINST ABSTAIN 29,966,034 104,188 1,486”
Shareholder Votes
TRIMAS CORP shareholders approved Election of directors for a three-year term at the 2026-05-20 meeting.
“The items voted upon at the Annual Meeting and the results of the vote on each proposal were as follows: Proposal 1 . Election of directors for a three-year term: FOR WITHHELD BROKER NON-VOTES Holly M. Boehne 25,466,170 2,825,985 1,779,553 Herbert K. Parker 27,625,447 666,708 1,779,553”
Earnings Releases
TRIMAS CORP reported the first quarter ended March 31, 2026 results: revenue $168.3 million, net income loss from continuing operations of $51.8 million, or $1.38 per diluted share.
“Michigan, April 30, 2026 - TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2026. TriMas reported first quarter 2026 net sales of $168.3 million, a 10.4% increase compared to $152.5 million in first quarter 2025, driven by organic growth in both Packaging and Specialty Products, as well as the benefit of favorable foreign”
M&A Transactions
TRIMAS CORP completed a disposition involving an affiliate of Tinicum L.P. and funds managed by Blackstone, Inc. for $1.45 billion in cash (closed 2026-03-16).
“L.P. and funds managed by Blackstone, Inc. Pursuant to the terms of the Purchase Agreement, the Sellers agreed to sell TriMas’ aerospace business segment to the Purchaser for $1.45 billion in cash, subject to customary adjustments (the “Transaction”). The Transaction closed on March 16, 2026. The above description of the material terms and conditions of the”
Thomas Amato departed as President and Chief Executive Officer at TRIMAS CORP.
“Mr. Snyder is succeeding Mr. Thomas Amato, the current President and Chief Executive Officer of the Company.”
Thomas Snyder was appointed as Member of the Board at TRIMAS CORP.
“The Board also has appointed Mr. Snyder as a member of the Board, effective June 23, 2025”
Thomas Snyder was appointed as President and Chief Executive Officer at TRIMAS CORP.
“appointed Mr. Thomas Snyder to the position of President and Chief Executive Officer of the Company (" CEO "), effective as of June 23, 2025”
Debt Financings
TRIMAS CORP amended credit facility of decreased to $250.0 million with JPMorgan Chase Bank, N.A., as administrative agent maturing March 31, 2030.
“extends the maturity date of the credit facility to March 31, 2030, (ii) increases certain negative covenant baskets, (iii) decreases the revolving commitments from $300.0 million to $250.0 million under the Credit Agreement”
Jeffrey M. Greene departed as Director at TRIMAS CORP.
“On March 19, 2025, Jeffrey M. Greene informed the Board that he will not stand for re-election as a director at the Company’s Annual Meeting of Shareholders expected to be held on or around May 14, 2025.”
Teresa M. Finley was appointed as Interim Chief Financial Officer at TRIMAS CORP.
“On March 19, 2025, the Board of Directors of the Company (the “ Board ”) appointed Teresa M. Finley, a member of the Board, as the Company’s Interim Chief Financial Officer (“ Interim CFO ”), effective as of the Effective Date.”
Scott A. Mell resigned as Chief Financial Officer at TRIMAS CORP.
“On March 14, 2025, Scott A. Mell tendered his resignation as the Chief Financial Officer and as an employee of TriMas Corporation (the “ Company ”), effective March 20, 2025 (the “ Effective Date ”).”
Shawn Sedaghat was appointed as Director at TRIMAS CORP.
“appointed Shawn Sedaghat as a Class III director of the Company.”
Thomas Amato departed as Director at TRIMAS CORP.
“Mr. Amato will not stand for re-election to the Company’s Board of Directors at the 2025 annual meeting of stockholders.”
Thomas Amato changed role as President and Chief Executive Officer at TRIMAS CORP.
“On June 30, 2025, Mr. Amato’s employment with the Company will end”
Shareholder Votes
TRIMAS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation paid to the Company’s Named Executive Officers at the 2024-05-14 meeting.
“Proposal 3 . Approval, on a non-binding advisory basis, of the compensation paid to the Company’s Named Executive Officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 32,706,289 4,166,473 1,384 1,637,492”
Shareholder Votes
TRIMAS CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024 at the 2024-05-14 meeting.
“Proposal 2 . Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024: FOR AGAINST ABSTAIN 38,329,241 181,796 601”
Shareholder Votes
TRIMAS CORP shareholders approved Election of directors for a three year term at the 2024-05-14 meeting.
“Proposal 1 . Election of directors for a three year term: FOR WITHHELD BROKER NON-VOTES Nick L. Stanage 34,716,840 2,157,306 1,637,492 Daniel P. Tredwell 32,718,185 4,155,961 1,637,492”
Earnings Releases
TRIMAS CORP updated its guidance (reaffirmed).
“TRIMAS REPORTS FIRST QUARTER 2024 RESULTS Reaffirms Full Year 2024 Guidance”
Earnings Releases
TRIMAS CORP reported first quarter ended March 31, 2024 results: revenue $227.1 million, net income $5.1 million, EPS $0.12 per diluted share. Guidance reaffirmed.
“(NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2024. TriMas First Quarter Highlights • Achieved quarterly net sales growth of 5.4% to $227.1 million • Increased net sales within TriMas Packaging, its largest segment, by 9.3%, and TriMas Aerospace by 34.7% • Diluted EPS was in line with the prior year quarter, and adjusted”
Herbert K. Parker was appointed as Chairman of the Board at TRIMAS CORP.
“the Board has appointed Herbert K. Parker, who has served on the Company's Board since 2015, to serve as Chairman of the Board upon Mr. Valenti's retirement.”
Samuel Valenti III departed as Chairman of the Board at TRIMAS CORP.
“On March 18, 2024, Mr. Samuel Valenti III, Chairman of the Board of Directors (the "Board") of TriMas Corporation (the "Company") notified the Company of his intent to retire as a director of the Company and therefore not stand for reelection at the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting").”
Earnings Releases
TRIMAS CORP reported Year ended December 31, 2023 results: revenue $893.6 million, net income $40.4 million, EPS $0.97 per diluted share.
“For full year 2023, TriMas reported net sales of $893.6 million, an increase of 1.1% compared to $883.8 million in 2022, as organic sales growth in TriMas' Aerospace and Specialty Products groups, and acquisition-related sales, more than offset the lower market demand for certain TriMas Packaging products, primarily used in personal care, 1 food and industrial applications. The Company reported operating profit of $65.4 million in 2023, as compared to $99.1 million in 2022. Adjusting for Special Items (1) , 2023 adjusted operating profit was $89.5 million compared to $116.2 million in the prior year, primarily as a result of a less favorable sales mix, supply and labor constraints, and the 2022 impact of more than $22.4 million of pre-tax property divestiture gains that did not repeat in 2023. Further adjusting for the 2022 property sale gains, 2023 adjusted operating profit would have decreased by 4.6% on a comparable basis. The Company reported full year 2023 net income of $40.4 mill”
Earnings Releases
TRIMAS CORP reported Fourth quarter ended December 31, 2023 results: revenue $209.6 million, net income $7.9 million, EPS $0.19 per diluted share.
“TriMas reported fourth quarter 2023 net sales of $209.6 million, an increase of 3.1% compared to $203.3 million in fourth quarter 2022, as organic growth in aerospace and defense, and certain packaging product lines, as well as acquisition-related sales, more than offset lower market demand for products used in certain industrial, and oil and gas applications. The Company reported operating profit of $11.6 million in fourth quarter 2023 compared to $26.3 million in fourth quarter 2022. Adjusting for Special Items (1) , fourth quarter 2023 adjusted operating profit was $18.8 million compared to $36.3 million in the prior year period, as the favorable impacts of higher sales, operational efficiencies and costs savings gains in fourth quarter 2023 were more than offset by the $17.6 million pre-tax gain related to the non-core property divestiture in fourth quarter 2022 that did not repeat. Further adjusting for the fourth quarter 2022 property sale gain, fourth quarter 2023 adjusted opera”
Earnings Releases
TRIMAS CORP reported the third quarter ended September 30, 2023 results: revenue $235.3 million, net income $16.5 million, EPS $0.40 per diluted share.
“October 26, 2023 - TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2023. TriMas Third Quarter Highlights • Achieved net sales of $235.3 million, or growth of 7.7%, compared to the prior year quarter • Improved margin levels within the TriMas Packaging group through enhanced cost savings efforts • Increased net sales”
Scott A. Mell changed role as Chief Financial Officer at TRIMAS CORP.
“Scott A. Mell, the Company's Chief Financial Officer, will now also act as the Company's principal accounting officer.”
Paul A. Swart resigned as Vice President of Business Planning, Controller and Chief Accounting Officer at TRIMAS CORP.
“On July 24, 2023, Mr. Paul A. Swart, Vice President of Business Planning, Controller and Chief Accounting Officer of TriMas Corporation (the "Company") tendered his resignation, effective August 11, 2023 (the "Effective Date"), to pursue other career opportunities.”
Earnings Releases
TRIMAS CORP reported the second quarter ended June 30, 2023 results: revenue $233.2 million, net income $11.0 million, EPS $0.26 per diluted share.
“TriMas reported second quarter 2023 net sales of $233.2 million, a decrease of 1.9% compared to $237.7 million in second quarter 2022, as organic growth in the TriMas Specialty Products and TriMas Aerospace groups, and acquisition-related sales, were more than offset by lower market demand for TriMas Packaging dispenser and closure products used in personal care, food and industrial applications. The Company reported operating profit of $20.1 million in second quarter 2023, compared to $29.9 million in second quarter 2022. Adjusting for Special Items (1) , second quarter 2023 adjusted operating profit was $27.3 million, compared to $32.1 million in the prior year period, primarily as a result of the impact of lower volumes within TriMas Packaging. The Company reported second quarter 2023 net income of $11.0 million, or $0.26 per diluted share, compared to $19.9 million, or $0.47 per diluted share, in second quarter 2022, and $4.9 million, or $0.12 per diluted share, in first quarter 20”
Shareholder Votes
TRIMAS CORP shareholders approved Approve the Plan at the 2023-05-09 meeting.
“Proposal 5. Approve the Plan: FOR AGAINST ABSTAIN BROKER NON-VOTES 38,054,961 1,766,732 1,532 565,433”
Shareholder Votes
TRIMAS CORP shareholders approved Approval, on a non-binding advisory basis, of the frequency of future advisory votes on executive compensation at the 2023-05-09 meeting.
“Proposal 4. Approval, on a non-binding advisory basis, of the frequency of future advisory votes on executive compensation: FOR 1 YEAR 37,507,641 FOR 2 YEARS 8,449 FOR 3 YEARS 2,306,918 ABSTENTIONS 217”
Shareholder Votes
TRIMAS CORP shareholders approved Approval, on a non-binding advisory basis, of the compensation paid to the Company's Named Executive Officers at the 2023-05-09 meeting.
“Proposal 3 . Approval, on a non-binding advisory basis, of the compensation paid to the Company's Named Executive Officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 36,752,515 3,069,594 1,116 565,433”
Shareholder Votes
TRIMAS CORP shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-09 meeting.
“Proposal 2 . Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023: FOR AGAINST ABSTAIN 40,256,448 131,497 713”
Shareholder Votes
TRIMAS CORP shareholders approved Election of directors for a three year term at the 2023-05-09 meeting.
“Proposal 1 . Election of directors for a three year term: FOR WITHHELD BROKER NON-VOTES Holly M. Boehne 37,680,577 2,142,648 565,433 Teresa M. Finley 39,108,296 714,929 565,433 Herbert K. Parker 38,630,253 1,192,972 565,433”
Earnings Releases
TRIMAS CORP reported first quarter ended March 31, 2023 results: revenue $215.5 million, net income $4.9 million, or $0.12 per diluted share. Guidance reaffirmed.
“than 350,000 shares of common stock, thereby reducing net outstanding shares by 0.5% during first quarter 2023 First Quarter 2023 TriMas reported first quarter 2023 net sales of $215.5 million, a decrease of 3.9% compared to $224.3 million in first quarter 2022, as organic growth in TriMas' Aerospace and Specialty Products groups, and acquisition-related sales, were”
Jeffrey A. Fielkow was appointed as Class I director at TRIMAS CORP.
“On March 8, 2023, the Board of Directors (the "Board") of TriMas Corporation, a Delaware corporation (the "Company"), appointed Jeffrey A. Fielkow as a Class I director of the Company, effective March 8, 2023.”
William Dickey was appointed as acting President of TriMas Aerospace at TRIMAS CORP.
“On March 6, 2023, William Dickey was appointed acting President of TriMas Aerospace on an interim basis until the Company appoints a permanent replacement.”
John P. Schaefer resigned as President of TriMas Aerospace at TRIMAS CORP.
“On March 2, 2023, Mr. John P. Schaefer tendered his resignation, effective March 17, 2023 (the "Effective Date"), as President of TriMas Aerospace, a division of TriMas Corporation (the “Company”), to pursue other business opportunities.”
Earnings Releases
TRIMAS CORP reported full year ended December 31, 2022 results: revenue $883.8 million, net income $66.2 million, or $1.56 per diluted share, EPS $1.56 per diluted share.
“For the full year 2022, TriMas reported net sales of $883.8 million”
Earnings Releases
TRIMAS CORP reported fourth quarter ended December 31, 2022 results: revenue $203.3 million, net income $18.8 million, or $0.45 per diluted share, EPS $0.45 per diluted share.
“TriMas reported fourth quarter net sales of $203.3 million”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.